KULR Technology Group, Inc. 8-K filed 2026-09-11

KULR Technology Group, Inc., which trades as KULR on the NYSE and is classified under Electronic Components & Accessories, filed this 8-K on 2026-09-11. It reports two events: the sale of the company's entire bitcoin holdings and an equity award to its Chief Financial Officer. Under Item 2.01, the company says that from August 20, 2026 through September 11, 2026 it sold approximately 764 bitcoin in a series of open market transactions to unrelated purchasers. The weighted average sales price was approximately $76,633 per BTC, and aggregate gross proceeds were approximately $58.6 million. The company describes the sales as part of its ongoing treasury management operations. It states that they represented all of its remaining BTC holdings and that it no longer holds BTC. For an analyst or journalist, this marks a full exit from bitcoin on the company's balance sheet. The filing excerpt does not give the company's cost basis, any realized gain or loss, the reason for exiting the position, or how the proceeds will be used. Under Item 5.02, the Compensation Committee approved a grant of 200,000 time-based restricted stock units to CFO Michael Kimel on September 4, 2026, effective September 10, 2026. The grant was made under the company's equity incentive plan. Each unit converts into one share of common stock on vesting. The units vest in eight equal semi-annual installments over four years, starting December 6, 2026 and continuing every six months after that, provided Mr. Kimel remains in service. The dollar value of the grant is not in the filing. The report is signed by Chief Executive Officer Michael Mo.